Federal Reserve Chair Jerome Powell addressed the nation during a press conference after holding interest rates steady for the third consecutive meeting. He expressed concern that the central bank will not achieve its economic goals this year if the tariffs enacted by the Trump administration continue to prevail. Powell emphasized that these tariff measures place significant strain on the economy and hinder overall progress. With increasing uncertainty in the economic landscape, the Fed must navigate these challenges carefully while deciding on future interest rate policies. Investors should closely monitor these developments as they could impact market dynamics moving forward.